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Chaz Corporation has taxable income in 2017 of $376,000 for purposes of computing the 5179 expense and acquired the following assets during the year: Placed
Chaz Corporation has taxable income in 2017 of $376,000 for purposes of computing the 5179 expense and acquired the following assets during the year: Placed in Asset Service Basis Office furniture Computer equipment Delivery truck Total September 12 February 10 August 21 1,290,000 38,000 69,000 $ 2,297,000 9 What is the maximum total depreciation expense that Chaz may deduct in 2017? (Use MACRS Table 1. Table 2. Table 3, Table 4 and Table 5.) (Round your answer to the nearest whole dollar amount.) Maximum total depreciation expense
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